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Detailed process of how to sell ustd coins on Bitbank exchange

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2024-08-28 13:21:01573browse

Steps to sell UST coins on Bitbank: Log in to your account and transfer UST. Navigate to the UST/USDT trading pair. Select the "Sell" order, enter the quantity and price. Review order information and place orders. Order execution is monitored and funds will be settled upon completion of the trade.

Detailed process of how to sell ustd coins on Bitbank exchange

How to sell UST coins on Bitbank exchange: Detailed process

Step 1: Log in to your account

Visit the official Bitbank website and log in to your account.

Step 2: Transfer UST to trading account

If you store UST coins in a cold wallet or other external account, please transfer them to your Bitbank trading account.

Step 3: Navigate to the trading page

Click on the "Trading" tab in the top menu and select the trading pair "UST/USDT" from the upper left corner.

Step 4: Select the "Sell" order type

On the trading page, click the "Sell" button.

Step 5: Enter order details

  • Quantity: Enter the quantity of UST you want to sell.
  • Price: Select a "Market" order for immediate execution or enter your target price to create a "Limit" order.
  • Type: Select "Spot" for immediate trading.

Step Six: Review and Place Order

Check your order details carefully including price, quantity and type. Once completed, click the "Place Order" button.

Step 7: Monitor order execution

Your order will be displayed in the "Pending Orders" list. Wait for the order to match the buyer's order to execute the trade.

Step 8: Fund Settlement

Once your order is executed, USDT will be credited to your Bitbank trading account, and UST will be debited from your account.

Tips:

  • Be sure to check the market price before placing an order.
  • For large transactions, consider using a "limit" order to control the transaction price.
  • Closely monitor your order execution to prevent any unexpected situations.

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